Find the time in which the simple interest on Rs.12900 at 25/3 % per annum will be Rs. 3225
Answers
Answered by
5
Answer:
Simple Interest = Rs.3
Step-by-step explanation:
Given,
Principal Amount (P)= Rs.12900
Rate of Interest (R)= %
Simple Interest (SI)= Rs.3225
Time= ?
Formula for finding the Simple Interest=
By simplifying this formulae,
⇒
⇒
⇒
⇒
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Answered by
1
T = SI x 100 / P x R = 3225x100/12900x 25/3 = 3225 x100/ 129 x 3/25 = 3225 x 3 /3225 = Rupees 3
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